arrow_back Back to App

Doubled SALT Deduction Limit for Married Couples in Specific Years.

This act aims to increase the State and Local Tax (SALT) deduction limit for married couples filing jointly. If your adjusted gross income is less than $500,000, you could deduct up to $20,000 instead of $10,000 for the 2023 tax year, potentially leading to lower tax bills.
Key points
Increases the SALT deduction limit for married couples to $20,000 (from $10,000).
Applies to joint tax returns for the 2023 tax year if adjusted gross income is below $500,000.
Could result in lower tax liabilities for eligible married individuals.
article Official text account_balance Process page
Expired
Citizen Poll
No votes cast
Additional Information
Print number: 118_HR_7160
Sponsor: Rep. Lawler, Michael [R-NY-17]
Process start date: 2024-01-31
Lustra uses Artificial Intelligence. Verify details in source documents.
Summarized by: gemini-2.5-flash-preview-05-20
Source data: api.congress.gov
AI work logs for this document launch

OFFICIAL LEGAL TITLE

SALT Marriage Penalty Elimination Act

FREQUENTLY ASKED QUESTIONS

What is the official ID of this bill?

The official print number for this legislation is 118_HR_7160.

Which chamber initiated this legislation?

This legislation was initiated in the House of Representatives.

When did the legislative process begin?

The process officially started on 2024-01-31.

What are the main provisions?

Key points include:

  • Increases the SALT deduction limit for married couples to $20,000 (from $10,000).
  • Applies to joint tax returns for the 2023 tax year if adjusted gross income is below $500,000.
  • Could result in lower tax liabilities for eligible married individuals.
What is the specific legal status?

The current status is Expired.

Where can I read the full text of this legislation?

The full official text is available at: View full text

Who is the primary sponsor?

The primary sponsor is Rep. Lawler, Michael [R-NY-17].

What is the latest detailed status?

The latest detailed status is: Referred to the House Committee on Ways and Means.

Is this summary verified?

Yes. This content was analyzed by AI and verified by the Lustra Judge System on 2025-12-25.

CATEGORIES

Taxes Family